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In economics the value of what a producer or consumer is willing to give up in order to produce or buy something else is called a)A factor of production b)Productivity c)A trade…

In economics the value of what a producer or consumer is willing to give up in order to produce or buy something else is called a)A factor of production b)Productivity c)A trade…
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In economics the value of what a producer or consumer is willing to give up in order to produce or buy something else is called

a)A factor of production
b)Productivity
c)A trade-off
d)An opportunity cost

User Vasile Tomoiaga
by
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1 Answer

5 votes
The correct answer is d
User Janusz Chudzynski
by
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